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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $238,618 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $119,645 | $36,939+223.9% | $80,793+48.1% | $93,010+28.6% |
| Participation rate | 50.6% | 32.6%+18.1pp | 54.2%-3.5pp | 73.9%-23.3pp |
| Annual return | 14.47% | 17.55%-3.1pp | 87.33%-72.9pp | 158.70%-144.2pp |
| Employer contribution / active EE | $1,997 | $455+338.8% | $1,160+72.1% | $2,705-26.2% |
| Participant deferral / active EE | $3,544 | $1,044+239.5% | $2,144+65.3% | $4,561-22.3% |
| Admin fee / account holder | $84 | $162-48.1% | $3,375-97.5% | $152-44.7% |